FORM VAT-XXVIII-B

[See rule 62 (5)]

INDEMNITY BOND

Know all men by these presents that * I/We _______________(Full address of the dealer) _______________________________________ ___

*registered dealer/dealer under the Himachal Pradesh Value Added Tax Act, 2005 under TIN . _________________ ____________dated____________

in the State of Himachal Pradesh(hereinafter called the Obligor) * am/are held and held and firmly bound upto the Governor of Himachal Pradesh (hereinafter called the Government) in the sum of Rs. _____________(Rupees in words) *(hereinafter referred to as the said sum) to be paid to the Government on demand for which payment will and truly be made, I/We bind myself/ourselves and my/our heirs, executors, administrators, legal representative and assigns and the person for the time being having control over assets and affairs by these presents.

Signed this __________________________________ day of ______

__________________ two thousand and __________________________

_____________________________________________________________

Whereas sub-rule (5) of rule 62 of the Himachal Pradesh Value Added Rules, 2005, requires that in event of a blank or completed form of declaration is lost while it is in the custody of the dealer or in transit, he is required to furnish an indemnity bond to the appropriate Assessing Authority from whom the said form was obtained;

And whereas the obliger herein is the dealer to whom the form VAT- XXVI-A was issued;

*which was issued to him by _____________________________________

(name and designation of the authority).

Now the condition of the above written bond is such that if the obliger shall in the event of a loss suffered by the Government (in respect of which the decision of the Government or the authority appointed for the purpose shall be final and binding on the obliger) as a result of the misuse of the Form, pay to the Government on demand and without demur the said sum of Rs. ______________ (Rupees______________________________in words) and shall otherwise indemnify and keep the Government harmless and indemnified from all liabilities incurred by the Government as a result of the misuse of such from then the above written bond shall be void and of no effect but otherwise shall remain in full force, effect and virtue. The obliger further undertakes to mortgage/charge to properties specified in the Schedule hereunder written by execution of proper deed of mortgage/charge for the payment of the said sum;

SCHEDULE

(Give details of properties mortgaged/charged)

And these presents also witnesseth that the liability of the Obliger hereunder shall not be impaired or discharged by reason of any for bearance, act or omission of the Government or for any time being granted or indulgence shown by the Government.

The Government agrees to bear the stamp duty, if any, chargeable on these presents.

In witness whereof the Obliger has set his hand/*has caused these presents executed by his authorised representative on the day, month and year above written in the presence of _______________________.

1.________________________

2.________________________

(Obliger's signatures)

Accepted for and on behalf of the Government of Himachal Pradesh by name and designation of the Officer duly authorised in pursuance of Article 299(1) of the Constitution of India to accept the Bond for and on behalf of the Governor of Himachal Pradesh.

In the presence of 

1. ___________________________

2. ___________________________

(Name and designation of the officer)